BN.com Gift Guide

Tax Avoidance A practical guide for UK Residents

Overview

There are many things and people who have a vested interest in getting some if not, all your money. Whilst you can shield yourself with insurances and good legal representation against most of these potential wealth stealers, you are fairly limited to the biggest wealth stealer of them all, Governments, and their wealth stealing strategies incorporated in tax laws.

Every year, the tax machine plugs more loopholes and introduces new reporting ...

See more details below
Paperback
$29.78
BN.com price
(Save 5%)$31.50 List Price
Other sellers (Paperback)
  • All (3) from $22.71   
  • New (2) from $22.71   
  • Used (1) from $33.61   
Tax Avoidance : A Practical Guide for Uk Residents

Available on NOOK devices and apps  
  • NOOK Devices
  • Samsung Galaxy Tab 4 NOOK 7.0
  • Samsung Galaxy Tab 4 NOOK 10.1
  • NOOK HD Tablet
  • NOOK HD+ Tablet
  • NOOK eReaders
  • NOOK Color
  • NOOK Tablet
  • Tablet/Phone
  • NOOK for Windows 8 Tablet
  • NOOK for iOS
  • NOOK for Android
  • NOOK Kids for iPad
  • PC/Mac
  • NOOK for Windows 8
  • NOOK for PC
  • NOOK for Mac
  • NOOK for Web

Want a NOOK? Explore Now

NOOK Book (eBook)
$9.99
BN.com price

Overview

There are many things and people who have a vested interest in getting some if not, all your money. Whilst you can shield yourself with insurances and good legal representation against most of these potential wealth stealers, you are fairly limited to the biggest wealth stealer of them all, Governments, and their wealth stealing strategies incorporated in tax laws.

Every year, the tax machine plugs more loopholes and introduces new reporting and disclosure laws, further limiting your ability to avoid their excessive taxes.

Taxes were originally introduced to fund war campaigns, but have since developed into institutions. Governments are powerful organisations with the power to introduce laws that will increase their main source of financing, taxes. This leaves you and me the innocent citizens of these governments’ jurisdictions almost powerless to stop the ever-increasing routes in which your hard-earned money is siphoned off, through taxes.

There are some avenues remaining for the private individual to legally secure and protect themselves against some of these taxes. These methods are never long lasting however as the tax machine of the governments are constantly reviewing ways to plug these loopholes and benefits. They also introduce new legislations and tax laws that restrict, and further complicate the methods, and structures you can use to avoid these taxes.

This practice has now reached a point that you almost have to be a qualified tax lawyer, constantly studying new proposals and tax laws, in order to creatively spot and devise ways to avoid tax.

In this book, you will learn the various ways of avoiding taxes. The advice here will sometimes be general as tax laws change so often that by the time you read this book, any specific advice I offer will have lost its advantages. For a current view on all these strategies and methods, seek the advice of a professional tax consultant.

From the publisher

If you live in the UK, plan to live or visit the UK for a prolonged period, you will need this useful tax guide. It explains how anyone exposed to the UK tax system can avoid paying unnecessary and avoidable taxes, legally, easily and effectively.

Read More Show Less

Product Details

  • ISBN-13: 9781411623804
  • Publisher: Lulu.com
  • Publication date: 6/28/2005
  • Pages: 120
  • Product dimensions: 6.00 (w) x 9.00 (h) x 0.24 (d)

Table of Contents

ACKNOWLEDGEMENTS
CONTENTS
Introduction
CHAPTER 1
Avoiding Tax
Cutting Back On Your Taxes
Income Tax
Take full advantage of your entitled allowances
Family
Tax credits
Parents
Child tax credit
Working tax credit
Married couples file separately
Child maintenance
Allowances
Children's personal allowance
Married couples allowance
Personal allowance for under 65s
Personal allowances for over 65s
Capital gains tax (CGT)
CGT and couples
Offset your CGT allowance
CGT, shares, and securities
Taper relief
Other reliefs
Residence and domicile status
Inheritance tax (IHT)
Investment Types Suitable For Tax Efficiency
Use tax-exempt savings
Married or partnered investments
Invest in unit trusts, investment trusts, and OEICS
Pension
Pensioners investments
Overseas pensions
Invest offshore
Warning on using offshore investments
Life Insurance Tax
Void ISAs
Buy-To-Let And Stocks
Invest In Small Companies
Enterprise investment scheme (EIS)
Qualifying companies
Losses made on Securities
Employment
Taking income tax rates into consideration
Working from home
Repayment claim form
Multiple employments
Receive interest gross
Employee share schemes
Tax-free fringe benefits
Property
Letting your home
Buy-to-let
Rental losses
Rent-a-room relief
Stamp duty
Other Tax Saving Ideas
Change cars
Relocate
Duty free
Gifting
Gift aid
Confirm your tax code is correct
Make sure tax details are up to date
CHAPTER 2
Minimising Your Current Tax Liabilities Through A Business
Types of businesses
The sole trader
Advantages
Disadvantages
Partnership
Advantages
Disadvantage
Limited company
Advantages
Disadvantages
Limited liability partnerships (LLP)
Using your business to minimise your taxes
National insurance
Consult or contract
Partnership tax return
First year allowances
Pre-trading expenditure
IR35
Reducing payments on account
Roll over relief
IRS mistakes in tax calculation
Provision of computer equipment
Cars
Pool cars
Using your own car
Advisory fuel rates for company cars
General advice
More Information
CONCLUSION
APPENDIX
Appendix 1
Offshore Tax Consultants
NOTES
Other Works By Samuel Blankson
ABOUT THE AUTHOR
Read More Show Less

Customer Reviews

Be the first to write a review
( 0 )
Rating Distribution

5 Star

(0)

4 Star

(0)

3 Star

(0)

2 Star

(0)

1 Star

(0)

Your Rating:

Your Name: Create a Pen Name or

Barnes & Noble.com Review Rules

Our reader reviews allow you to share your comments on titles you liked, or didn't, with others. By submitting an online review, you are representing to Barnes & Noble.com that all information contained in your review is original and accurate in all respects, and that the submission of such content by you and the posting of such content by Barnes & Noble.com does not and will not violate the rights of any third party. Please follow the rules below to help ensure that your review can be posted.

Reviews by Our Customers Under the Age of 13

We highly value and respect everyone's opinion concerning the titles we offer. However, we cannot allow persons under the age of 13 to have accounts at BN.com or to post customer reviews. Please see our Terms of Use for more details.

What to exclude from your review:

Please do not write about reviews, commentary, or information posted on the product page. If you see any errors in the information on the product page, please send us an email.

Reviews should not contain any of the following:

  • - HTML tags, profanity, obscenities, vulgarities, or comments that defame anyone
  • - Time-sensitive information such as tour dates, signings, lectures, etc.
  • - Single-word reviews. Other people will read your review to discover why you liked or didn't like the title. Be descriptive.
  • - Comments focusing on the author or that may ruin the ending for others
  • - Phone numbers, addresses, URLs
  • - Pricing and availability information or alternative ordering information
  • - Advertisements or commercial solicitation

Reminder:

  • - By submitting a review, you grant to Barnes & Noble.com and its sublicensees the royalty-free, perpetual, irrevocable right and license to use the review in accordance with the Barnes & Noble.com Terms of Use.
  • - Barnes & Noble.com reserves the right not to post any review -- particularly those that do not follow the terms and conditions of these Rules. Barnes & Noble.com also reserves the right to remove any review at any time without notice.
  • - See Terms of Use for other conditions and disclaimers.
Search for Products You'd Like to Recommend

Recommend other products that relate to your review. Just search for them below and share!

Create a Pen Name

Your Pen Name is your unique identity on BN.com. It will appear on the reviews you write and other website activities. Your Pen Name cannot be edited, changed or deleted once submitted.

 
Your Pen Name can be any combination of alphanumeric characters (plus - and _), and must be at least two characters long.

Continue Anonymously

    If you find inappropriate content, please report it to Barnes & Noble
    Why is this product inappropriate?
    Comments (optional)